Stockbroking
The Professional Certificate in Stockbroking is the only educational route approved by the Irish Stock Exchange for gaining the designation Registered Stockbroker.
| Award Name | Special Purpose Certificate (Level 7 NFQ) |
|---|---|
| NFQ Classification | Special Purpose |
| Awarding Body | University College Dublin |
| NFQ Level | Level 7 NFQ |
| Award Name | NFQ Classification | Awarding Body | NFQ Level |
|---|---|---|---|
| Special Purpose Certificate (Level 7 NFQ) | Special Purpose | University College Dublin | Level 7 NFQ |
Duration
2 trimesters
Delivery: Online
Entry Requirements
Requirements
The minimum second level educational requirements for entry to the Professional Certificate in Stockbroking are as follows; Five passes in the Leaving Certificate, including English and Mathematics Five O Level/GCSE passes, including English Language and Mathematics IOB will also consider applications on a mature candidate basis from applicants who are 23 years of age before the date of their application for admission to the programme. You must be a current member of IOB, or become a member, to undertake this programme.
Further information
Next intake
Autumn Trimester (2023-2024 academic year)
Please note that the programme content and fees are subject to change in the 2023/2024 academic year. Any changes will be outlined in the 2023/2024 prospectus and at iob.ie in August - the start of the new academic year.
Fees
• Stock Exchange Regulatory Environment - €350
• Stock Exchange Securities and Markets - €350
This two-module level 7 qualification is the benchmark qualification for those working in stockbroking firms and those seeking entry into the profession. It focuses on the underlying securities traded on exchanges and how they are issued, traded and settled. It also outlines the key accounting concepts and statements, the taxation regime member firms operate within and the rules governing member firms.
How you will benefit
On successful completion of this programme, and on attaining the recognised professional designation APA, you will be able to;
• Describe the main pieces of legislation and the rules of Euronext that constitute the regulatory environment in which a stockbroking firm operates
• Explain the roles and functions of statutory bodies and persons in the regulatory environment and describe in general terms the various instruments traded and settled on Euronext
• Summarise the issuance process, settlement process and trade reporting requirements employed for the main categories of instruments traded on an exchange
• Outline the process to assess a client’s needs from both a private client and institutional client perspective
• Compute simple personal tax calculations and explain the operation of the major taxation regimes in Ireland
• Calculate the main accounting ratios and explain their significance and explain the general accounting principles and the purposes of primary statements in financial reporting.
Modules and learning outcomes:
Stock Exchange Regulatory Environment
(NFQ level 7, 5 ECTS)
• Outline the rules of the Irish Stock Exchange.
• Describe the main pieces of legislation that constitute the regulatory environment in which a stock broking firm operates in, e.g. Insider Dealing, Prospectus Directive, MiFID etc. Explain the role and functions of statutory bodies and persons in the regulatory environment, e.g. Financial Regulator, ODCE etc. Describe in general terms the various instruments traded and settled on the Irish Stock Exchange.
Stock Exchange Securities and Markets (NFQ level 7, 5 ECTS)
• Describe the features and characteristics of various instruments traded on exchanges, e.g. equities, bonds, money market and derivative instruments.
• Explain the issuance process, settlement process and trade reporting requirements employed for the main categories of instruments traded on an exchange.
• Outline the process to assess a client’s needs from both a private client and institutional client perspective.
• Describe the operation and compute simple calculations for the following taxation regimes in Ireland; Income Tax, Capital Gains Tax, Capital Acquisition Tax and Corporation Tax.
• Explain the general accounting principles and the purpose of the primary statements in Financial Reporting.
• Calculate the main accounting ratios and explain their significance.
Two hour written exam for each module at the end of the trimester.
Award
Professional Certificate in Stockbroking from UCD
Designation
APA (Savings and Investments) and Registered Stockbroker designation
Minimum Competency Code
The Professional Certificate in Stockbroking and attaching APA and Registered Stockbroker designation satisfies the Central Bank of Ireland’s Minimum Competency Code for those who wish to sell, advise on or undertake specified functions, for the category of retail financial product ‘Savings and Investments’.
Holders of the certificate are invited to apply for the APA (Savings and Investments) and Registered Stockbroker designation. Continued use of the designation is subject to meeting annual CPD requirements.
Continuous Professional Development
If you hold an IOB designation or a designation managed by IOB, CPD hours may be awarded on successful completion of this programme.
For more information please contact education@iob.ie
Institute of Banking
Email: info@iob.ie
Phone: +353 (0)1 6116500
Fax: +353 (0)1 6116565